Member of Finance Committee: hard currency smuggling in several ways .. most notably the offices of remittances
Date: Thursday, 04/19/2012 11:32
Baghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq, there are several ways to drain the hard currency of the country, due to the weak government’s control over border crossings, which led to increase the value of the dollar against the dinar.
Mutlaq said (of the Agency news) on Thursday: should on the government to move towards the border crossing points and impose full control them and monitor the round-trip commercial flights, to prevent the smuggling of foreign currency to neighboring countries, and the introduction of contraband into the country.
He added that the hard currency “dollar” out of the country, inter alia, made through the offices of transfers approved and some of them out through the business processes and import of materials, and the way the other the introduction of coins forged Iraqi from Iran and is replaced by the dollar, and this phenomenon in the case of continuation would threaten the Iraqi economy and the local currency collapse. He pointed to: that these processes caused by raising the price of the dollar against the Iraqi dinar, which will affect the Iraqi economy and the development of ordinary citizens by increasing prices in local markets. / Finished / 8. d. Q /